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SEC Revokes Registration Of Kensington Agro Trading Limited

The Securities and Exchange Commission (SEC) has revoked the registration of Kensington Agro Trading Limited as a capital market operator with immediate effect.

In a public notice issued by the Commission, the regulator announced that Kensington Agro Trading Limited’s registration as a Commodity Broker/Dealer and Collateral Manager has been withdrawn, effectively stripping the company of its authority to operate within Nigeria’s capital market.

According to the notice, the revocation was carried out pursuant to the powers vested in the Commission under Section 61(6) of the Investments and Securities Act, 2025, as well as Rule 34(1) of the SEC Rules and Regulations 2013, as amended.

The SEC stated that the decision takes immediate effect and urged all stakeholders to take note of the development.

“Accordingly, commodity exchanges, the investing public, commodity traders, and all capital market stakeholders are advised to discontinue capital market-related dealings with the company,” the Commission said.

The directive means that Kensington Agro Trading Limited is no longer authorised to engage in any capital market activities under the regulatory oversight of the SEC. Market participants have been cautioned to avoid entering into transactions or maintaining business relationships with the firm in its former capacity as a registered operator.

While the notice did not specify the reasons for the revocation, such regulatory actions are typically taken in line with the Commission’s mandate to ensure compliance with extant laws, protect investors, and maintain market integrity.

The SEC, headquartered in Abuja, reiterated its commitment to upholding transparency, investor protection, and strict adherence to regulatory standards in Nigeria’s capital market.

The Commission’s action underscores its continued enforcement drive aimed at sanitizing the market and ensuring that only duly registered and compliant operators are permitted to function within the ecosystem.

Stakeholders and members of the public are encouraged to verify the registration status of capital market operators through official SEC channels before engaging in investment-related transactions.

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